Cinemark Holdings, Inc. Reports First Quarter 2026 Results
Cinemark Holdings, Inc. announced its financial results for the first quarter ended March 31, 2026. The company reported a total revenue of $643 million, a 19% increase compared to the same period in the previous year. The net loss was reduced by 85% to $6 million, or $(0.06) per share. Adjusted EBITDA significantly increased by 143% to $88 million, with an expanded Adjusted EBITDA margin of 710 basis points. These results represent the strongest first quarter performance in total revenue and Adjusted EBITDA since the onset of the pandemic. The company entertained 39 million moviegoers globally and maintained significant market share gains. Strategic initiatives focused on enhancing guest experiences, building audiences, and growing new revenue streams contributed to the positive results. Alternative content generated 17% of global box office, and premium large format screens accounted for 13% of worldwide admissions revenue. Domestic food and beverage per capita reached a new all-time high of $8.58. The company ended the quarter with $262 million in cash and a net leverage ratio of 2.6x. Capital expenditures for the quarter were $38 million, allocated towards circuit maintenance and enhancements.